What is liability insurance?
An example of an AI chatbot conversation about liability insurance and its importance.
What is liability insurance?
Liability insurance is a type of insurance that protects you from claims resulting from injuries and damage to people or property.
Why do I need liability insurance?
You need liability insurance to safeguard your assets and cover legal costs in case you're held responsible for an accident.
What types of liability insurance are there?
There are several types, including general liability, professional liability, and product liability insurance.
How much does liability insurance cost?
The cost varies based on factors like coverage amount, type of business, and location, but it typically ranges from a few hundred to several thousand dollars annually.
Can I get liability insurance for my home?
Yes, homeowners insurance often includes personal liability coverage, which protects you against claims of injury or damage.
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